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593 Flying Point Road, Wate...

Updated Dec 18, 2023

Bilt advertisement
Meegan Darby, Pat Petrillo & Harald Grant Sell Water Mill SFR For $16.75M
SOLDSingle Family Residence

Meegan Darby, Pat Petrillo & Harald Grant Sell Water Mill SFR For $16.75M

593 Flying Point Road, Water Mill, NY, USA

$16,750,000

$1,329/SF

Building Size

12,600 SF

Asset Type

Single Family Residence

Closing

Aug 19, 2021

About this deal

AI

An SFR located at 593 Flying Point Road in Water Mill was recently sold for $16,750,000. The property spans 12,600 square feet, resulting in a price per square foot of $1,329. The transaction was handled by brokers Meegan Darby, Pat Petrillo, and Harald Grant.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $16,750,000
  • Address: 593 Flying Point Road
  • Market: Water Mill
  • Square Footage: 12,600
  • Price per Square Foot: $1,329

The deal was facilitated by brokers Meegan Darby, Pat Petrillo, and Harald Grant. They played a vital role in ensuring the successful completion of the transaction.

Players

Harald Grant

Sotheby's International Realty

Broker

$230.4M

vol

5 deals

Broker

Water Mill Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $1.3K per square foot on a published $16.8M for 12,600 square feet (2021).

Visit Pat Petrillo to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.95%

Cash-on-Cash

-0.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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